The Temptation to Compare Ourselves to Others, by Scott Stolz, CFP, RICP (week 15)
My wife and I spend the summers at Lake of the Ozarks in Missouri. We are fortunate to have a home on the Lake that my wife inherited from her parents. While we typically have some extremely hot days there in the summer, it’s much more pleasant than the Florida summer heat. Not surprisingly, most people associate Lake of the Ozarks with the show “Ozark.” If you’ve watched the show and never been to the actual Lake, you would assume that it’s a pretty rustic place with mostly small cabins and the occasional boat or two. Nothing can be further from the truth. Even after 5 summer stays at the Lake, I still marvel at the number of mega mansions and $500,000+ boats. The picture below belongs to our next-door neighbor. Trust me, our house pales in comparison. While this house is the largest by far on our street, if you take a short boat ride in either direction from our house, you will see countless houses that are comparable....